Investment Incentive Act

Summary

Investment Incentive Act - Amends the Internal Revenue Code to restore part of the pre-1969 tax treatment of capital gains by repealing the capital gains item of tax preference for the minimum tax; lowering the corporate alternative tax to 25 percent of net capital gain; and lowering the alternative individual tax to 25 percent of net capital gain.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 9 June 1978

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 9 June 1978

   Introduced

   Introduced in House

   Source: IntroReferral

3. 9 June 1978

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 9 June 1978

  Open at official source

Sponsors

• Rep. Steiger, William A. [R-WI-6] · R · Sponsor
• Rep. Moore, W. Henson [R-LA-6] · R · Cosponsor
• Rep. Madigan, Edward R. [R-IL-15] · R · Cosponsor
• Rep. Marriott, David Daniel [R-UT-2] · R · Cosponsor
• Rep. Young, Don [R-AK-At Large] · R · Cosponsor
• Rep. Badham, Robert E. [R-CA-40] · R · Cosponsor
• Rep. Sawyer, Harold S. [R-MI-5] · R · Cosponsor
• Rep. Spence, Floyd [R-SC-2] · R · Cosponsor
• Sen. Andrews, Mark [R-ND] · R · Cosponsor
• Rep. Cederberg, Elford A. [R-MI-10] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to → Investment Incentive Act